What does everyone think about Rand Pauls tax plan
Thanks for that --- I just looked it up. I was expecting something exciting like maybe reducing taxes. This just looks like the flat tax again. Pretty much would bring the 50+ percent of people who don't pay taxes into paying taxes.
Bob, you usually post some pretty crazy shit that I can ignore, but this is beyond crazy. It's not remotely close to reality. Every single person pays taxes. It's not like there's a way to avoid it. Not every person pays a net positive amount of federal income taxes. There's a huge difference. Certainly even someone who would complain that students, military personnel, and retirees aren't pulling their weight can grasp the difference, right?
Eric, We are talking about federal income taxes here --- not state, property, city, inflation etc.. "Every single person pays taxes. It's not like there's a way to avoid it." (Eric, you may have misspoken or want to restate that --- It seems a little detached from reality as it reads with regard to federal income tax?)
I may not have read the details as to who he would exempt from the taxes he proposes. My disenchantment was not with his shell game on taxes it was that he didn't make a clear proposal to reduce federal income taxes.
And just so you understand --- look around --- not everyone is paying federal income taxes or even a net negative tax. Most all children under 16 pay no tax and receive no refund. All of my low income clients neither file tax returns nor pay taxes, nor receive refunds. That holds true for 10s of millions.
And then there are the net negative tax payers (otherwise known as the Democratic base) . One of my daughters for instance received $5K in negative taxes last year. Pretty sweet for her.
Lastly, the President has very little to say about the tax code. That is primarily the congressional bailiwick.